For those of you who are concerned about WTI pulling back below $80 please take some time to read the multiple threads at this link.
It's counter-intuitive and scary, but the pullback below $80 is very, very important on so many levels.
For those investing in the stock market this may provide some buying opportunities.
Unless it's a prolonged pullback, more than three months, it should not affect royalty payments to much extent.
God must have a sense of humor and successful oil men must have nerves of steel. On the day Harold Hamm closes / announces a $3 billion deal to buy into the Permian, WTI crashes five percent and drops below $80.
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Laugh, Laugh, I Thought I Would Die
